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republicans have a lot of spending options. there is nothing president obama can do to stop that. not such a bad solution at this point. look, this is a business. look at what this has done in the last four years. they have tightened their belts. they have cuts all extraneous senators. the corporations are amazingly efficient and productive right now. guess what institution hasn't done that? government agencies. people say across-the-board cuts is the way to do it. it's not too bad. they get an eight to 10% reduction. next year you talk about the big entitlements they were talking to brad about. tracy: i don't think that's such a bad idea. before we move on. before we talk about what ben bernanke did yesterday, i want to ask you, do you think even if we go over the cliff, we fall into the recession? or will we be okay? >> the spending cuts, i just want to make it crystal clear. cutting government spending is good for the market and it's good for the economy. all of this nonsense about we can't take spending cuts, that is the same logic that led to the idea of the $800 billion stim
republicans have a lot of spending options. there is nothing president obama can do to stop that. not such a bad solution at this point. look, this is a business. look at what this has done in the last four years. they have tightened their belts. they have cuts all extraneous senators. the corporations are amazingly efficient and productive right now. guess what institution hasn't done that? government agencies. people say across-the-board cuts is the way to do it. it's not too bad. they get an...
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. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >> eric: let's talk about what is going on. president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raising compromise together. there is no house member when they know they have to run for re-election every two years, that is going to vote for a tax increase. how would they get through a primary? >> bob: they will vote on cutting taxes on everybody but the 2%. that is politically sellable. >> dana: no. extending
. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >> eric: let's talk about what is going on. president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >>...
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president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details from the white house on potential cuts and entitlement programs. the white house has shown no willingness to go further than they've already gone and they are winning this argument in terms of public opinion. so, another possibility for a shakeup is for republicans to some how give ground and we'll see whether that happens on decoupling top tax rates, 98% of american families. we're going to have to see what happens and if we hear from john boehner and president obama after this meeting which will probably only do if some breakthrough occurs. >> all right, john, thank you. keep us posted. we will
president obama's meeting with house speaker john boehner this hour. john, what should we expect? >> we expect the meeting to last something less than an hour between the speaker and the president of the united states. a republican leadership aide told me the meeting is taking place because a shakeup is required in budget talks, given the inflexibility of the white house. question is going to be, what is that shakeup? the speaker wants and republicans have been the demanding more details...
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christie was too nice to him, that's why obama won. none of it is true but there's a lot of anger in the republican party, a lot of disbelief about the outcome of this. i think he would be a formidable republican candidate. >> he had picked him for his running mate, he would have neutralized him. he wouldn't have been in the embrace of and working with the president so as low asly as the running 345i9 for romney. he wouldn't have been that guy who turned out to be politically worthless, ryan. wouldn't that have been a smarter move? >> it would have beenen infinite lay smarter move. i think he would have embraced the president and it would have helped romney and christie not barack obama. so, yeah, i think it was a dumb move. i mean, he would have been a better choice, almost anybody would have been a better choice than paul ryan. >> let me go back to you. do you agree with that? would -- >> the thing about chris christie is he's real. people want authenticity, people who have real prag ma tism and can run thing. they need leadership. w
christie was too nice to him, that's why obama won. none of it is true but there's a lot of anger in the republican party, a lot of disbelief about the outcome of this. i think he would be a formidable republican candidate. >> he had picked him for his running mate, he would have neutralized him. he wouldn't have been in the embrace of and working with the president so as low asly as the running 345i9 for romney. he wouldn't have been that guy who turned out to be politically worthless,...
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he's author of "the obama hate machine." the lies, distortions and personal attacks on the president and who is behind them and he's somebody who follows this stuff night and day in d.c. bill, so glad to have you back inside "the war room." especially on an unbelievable news breaking day like today. >> bill: hey governor, it is great to join you. thank you. >> jennifer: are you surprised by susan rice dropping out? >> bill: you know what? i'm surprised and i'm disappointed. i gotta tell you i think she's a great, great american. i know her well. if i had to pick the top three female leaders in this country today, i would say hillary clinton, jennifer granholm and susan rice. [ laughter ] >> jennifer: you are so funny. bill press for -- we'll put you for secretary of labor. why don't we do that. >> bill: all right. hilda sol ease is another one. here's what's sad about this is i think she deserved to be secretary of state. i think she would make a great secretary of state. and i hate to see her drummed out of there by john mc
he's author of "the obama hate machine." the lies, distortions and personal attacks on the president and who is behind them and he's somebody who follows this stuff night and day in d.c. bill, so glad to have you back inside "the war room." especially on an unbelievable news breaking day like today. >> bill: hey governor, it is great to join you. thank you. >> jennifer: are you surprised by susan rice dropping out? >> bill: you know what? i'm surprised and...
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a group of republican senators said they would oppose her if nominated because of the comment made on the attack on the u.s. consulate in libya. she said it was, quote, spontaneously reaction to an anti-islam video. in a letter withdrawing consideration, see san said, quote, if nominated, i'm convinced the confirmation process would be lengthy and costly to you and our most pressing priorities. read the entire letter to the on c-span.org. more on that attack in benghazi next week. secretary of state, hillary clinton, testified before the house florida affairs committee. we'll have that live on the c-span networks and c-span.org. here's a look at the prime time programming across the c-span networks. >> i've been on that bus. they are just as good as gold. >> all of us, i think, in the country were starting to people coming out and talking about their experience, this phenomena, that so many of us experienced in one way or another and had no words for other than adolescence, other than growing up. we're finally, people were starting to stand back and say, hold on, this is not a normal
a group of republican senators said they would oppose her if nominated because of the comment made on the attack on the u.s. consulate in libya. she said it was, quote, spontaneously reaction to an anti-islam video. in a letter withdrawing consideration, see san said, quote, if nominated, i'm convinced the confirmation process would be lengthy and costly to you and our most pressing priorities. read the entire letter to the on c-span.org. more on that attack in benghazi next week. secretary of...
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obama administration saying minutes ago saying it has seen no movement from republicans on the key issue of raising tax rate on the top 2% of u.s. earners. let's get to john who is at the white house. are we at a stalemate in the cliff talks now? >> that is certainly how it appears at the moment. looks like we will get to the end of the week without any sort of break through on the fiscal cliff. it is always impossible, mandy, to tell what is happening below the water line that is not vice inl to us right now. but jay carney just came into the briefing room and said republicans hadn't moved on the key issue of higher tax rates. and until that happens, the white house has made it clear they are not going to bargain in a serious way on entitlement programs. they are trying to crack republicans, break republicans on that point. republicans have been in the process of cracking. you've seen high profile republicans come out and say, we need to concede this point. but that not true among the rank and file and therefore john boehner and leadership haven't been able to take that position and tha
obama administration saying minutes ago saying it has seen no movement from republicans on the key issue of raising tax rate on the top 2% of u.s. earners. let's get to john who is at the white house. are we at a stalemate in the cliff talks now? >> that is certainly how it appears at the moment. looks like we will get to the end of the week without any sort of break through on the fiscal cliff. it is always impossible, mandy, to tell what is happening below the water line that is not...
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they are demanded by republicans and we did notice this. speaker boehner did not reject a vote for the first of the year to prevent the increase on incomes under $250,000 a year. president obama with the brought support of democrats and the public wants to keep them the same and raise rates on the top 2%, the wealthiest americans. he will talk about spending cuts. nice to have you on. >> great to be with you. >> one of your colleagues, they said this is outgoing with the republican of south carolina. he sounds as though he is throwing in the towel. he said president obama will get his wish. higher tax rates for the wealthy. congressman brown, will the president get his wish? >> i think the president wants higher tax rates for everybody. even the lowest paid employees in this country is pushing towards. the problem is not the higher rates and taxes which i totally oppose, we have to talk about spending. spending is the problem and what's going to us off the cliff. it is leading towards a collapse of america that is going to hurt the poorest
they are demanded by republicans and we did notice this. speaker boehner did not reject a vote for the first of the year to prevent the increase on incomes under $250,000 a year. president obama with the brought support of democrats and the public wants to keep them the same and raise rates on the top 2%, the wealthiest americans. he will talk about spending cuts. nice to have you on. >> great to be with you. >> one of your colleagues, they said this is outgoing with the republican...
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obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet moves. gm unveiling new 2014 chevy silverado and gmc pickups hoping the new models will drive sales for the auto giant. jeff flock live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff lev
obama spent to serve as secretary of defense according to several democrats briefed on the process. the same sources telling fox news picture john kerry now been talked up within the administration as a more likely nominee for secretary of state over susan rice, current u.s. ambassador to the united nations. fox was reporting right is being talked up as a potential pick for national security advisor since that position would not require senate confirmation. late breaking news on the cabinet...
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this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the media trying to pick up on clues and hints. and that's really hard to do. >> maybe the market itself is trying to pick up on clues and hints as well. we're in negative territory across the board. it's not like we've gone off another cliff, if you will, in the stock market, but we're certainly not where many thought we would be or even should be after what the fed chairman had to say yesterday in the more accommodative policy that's continuing to come from the central bank. >> there's two conversations. number one first is the fiscal cliff. and i think the market it
this is not really boehner negotiating with obama or the democrats. and i think that's the way it's going to continue to be. so i really distrust anything that any of these guys are saying at a podium because i think there is a much deeper-level conversation going on. and again, if this is just based on what i read and hear, i don't have any other information, but, you know, i don't get the sense that things are quite so dire or quite so close at any given time. i think it's just really the...
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president, it's become disturbingly clear that president obama doesn't mind whether or not we drive off the fiscal cliff. just last week, his own treasury secretary, secretary geithner, said the white house was -- quote -- "absolutely" prepared to go off the cliff unless republicans agree to raise marginal tax rates. in other words, during a period of high unemployment -- the highest since the great depression -- the president's willing to risk another recession in order to increase taxes on small businesses and the people we depend upon to create jobs. how much revenue will the president's tax hike generate? well, by raising the top two rates, it would produce only about $68 billion in 2013. i say "only," because in relationship to the gap between how much money the federal government's spending and how much money this would generate, it is relatively small. if we factor in the various stimulus tax expenditures that the president wants to expend, the net revenue falls below $55 billion. again, president obama is so desperate to secure this revenue that he's willing to risk another rece
president, it's become disturbingly clear that president obama doesn't mind whether or not we drive off the fiscal cliff. just last week, his own treasury secretary, secretary geithner, said the white house was -- quote -- "absolutely" prepared to go off the cliff unless republicans agree to raise marginal tax rates. in other words, during a period of high unemployment -- the highest since the great depression -- the president's willing to risk another recession in order to increase...
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leading republicans are saying what president obama has presented wouldn't have enough to pass the democratic controlled united states senate, never mind the house of representatives. obviously everybody is worried about the lack of time, jenna. jenna: absolutely. we see a wire from reuters news service now saying again, we heard this before, mike, that speaker boehner is charging that the president is not serious about cutting spending to get the fiscal cliff deal done. as we take a look, live look, what will be his news conference, we do see a chart, mike. that can always get a little scary. what is the chart for and what are they going to explain? tell us a little bit about the democrat side because we expect to hear from the democrats today. what is their frustration with the process. >> reporter: nancy pelosi, the democratic leader in the house talked to reporters a few moments ago she noted the clock is really ticking. if you want to get a deal it needs to be hammered out in the next day or some there is great anxiety with the christmas holiday coming up. with the procedural things you
leading republicans are saying what president obama has presented wouldn't have enough to pass the democratic controlled united states senate, never mind the house of representatives. obviously everybody is worried about the lack of time, jenna. jenna: absolutely. we see a wire from reuters news service now saying again, we heard this before, mike, that speaker boehner is charging that the president is not serious about cutting spending to get the fiscal cliff deal done. as we take a look, live...
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. >>> 11 other republican governors want to meet with president obama over the health care law. they want to talk about how to set up health exchanges on expanding the medicaid rolls. they've sent a letter to the white house asking for time with the president. >>> and senator scott brown said good-bye to his colleagues in the senate, but he hinted you have not seen the last of him when he said defeat is only temporary. >>> speaking of good-byes, senator joe lieberman made his farewell speech to his colleagues yesterday. and reflected how much has changed when he took office. he said when he started in the senate, a blackberry was a fruit and tweeting was am for the birds. and the senator had fun talking about his vice presidential run. >> thanks to vice president gore, i was given the opportunity to be the first jewish american nominated for a major political party for national office. and incidentally, thanks to the american people, grateful to have received 500,000 more votes than my opponent on the other side. but that's a longer story. i love 'em even more. i earn 1% cash ba
. >>> 11 other republican governors want to meet with president obama over the health care law. they want to talk about how to set up health exchanges on expanding the medicaid rolls. they've sent a letter to the white house asking for time with the president. >>> and senator scott brown said good-bye to his colleagues in the senate, but he hinted you have not seen the last of him when he said defeat is only temporary. >>> speaking of good-byes, senator joe lieberman...
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president obama wants republicans to commit publicly to raising income tax rates on the top 2% of households. republicans want the president to commit to spending cuts. then they'll talk about raising taxes next year in the context of tax reform but neither side trusts each other's motives or willingness to cut a deal. that lack of trust as well as a lack of shared history of cutting deals is what's blocking progress and preventing a compromise. charlie and gayle. >>> major garrett, thanks. >>> this morning in london the coroner's office entered the prognosis of the nurse who was part of the prank. >> charlie daggett is outside of the coroner's court. what can you tell us? >> reporter: well, good morning to you, gayle. british police confirmed this morning that the bodies of jacintha saldanha was found hanging from a scarf. the mother of two was discovered by a colleague and a security guard early friday morning. police said they also discovered injuries to her wrists although at this point they're not going into any more detail or elaborating on that. they found three notes, two close to he
president obama wants republicans to commit publicly to raising income tax rates on the top 2% of households. republicans want the president to commit to spending cuts. then they'll talk about raising taxes next year in the context of tax reform but neither side trusts each other's motives or willingness to cut a deal. that lack of trust as well as a lack of shared history of cutting deals is what's blocking progress and preventing a compromise. charlie and gayle. >>> major garrett,...
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republicans are on weak ground in this debate. president obama's more popular. the democrats are more popular than the republicans. the president's proposal to raise taxes on people over $250,000 is very popular with the american public. 59% in our poll say they're for it. 76% say it would be an acceptable outcome. the one thing that republicans have going for them in the debate is the public likes the idea of spending cuts. so while the president puts public pressure on republicans, he's trying to respond in kind and say president obama has not detailed the spending cuts he wants. of course, republicans have not detailed the spending cuts either because the place you get real money, melissa, is in the entitlement programs of medicare and social security, and those are very popular. so nobody really wants to lay out too many specifics. republicans have laid out some, saying they would raise the eligibility age for medicare from 65 to 67. saying that they would change the inflation adjustments for social security and other government programs to make them less ge
republicans are on weak ground in this debate. president obama's more popular. the democrats are more popular than the republicans. the president's proposal to raise taxes on people over $250,000 is very popular with the american public. 59% in our poll say they're for it. 76% say it would be an acceptable outcome. the one thing that republicans have going for them in the debate is the public likes the idea of spending cuts. so while the president puts public pressure on republicans, he's...
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more than three-quarters of americans, including 61% of republicans, believe it's fair to ask the top 2% to give a little more to avoid a fiscal cliff. and nearly two-thirds of those polled, including many who didn't vote for president obama in november, say that he has a mandate to reduce the deficit by raising taxes on the wealthy. mr. president, we on the democratic side are going to recognize that seven of our senators are retiring. that's really unfortunate. that's the decision they have made and it's, as i've indicated on more than one occasion, parting is sweet sorrow. we had a celebration last week and talked about those seven senators, and it was really a wonderful evening. so i've come here to the senate floor to talk about these individual senators. today i'm going to talk about senator herb kohl. herb kohl had to overcome adversity to become a united states senator. the history of herb kohl and his family overwhelmed me. he's a humble man. he doesn't talk much. i was stunned the other day, i guess it was last week, we had a guest rabbi, rabbi kohl from canada. it doesn't m
more than three-quarters of americans, including 61% of republicans, believe it's fair to ask the top 2% to give a little more to avoid a fiscal cliff. and nearly two-thirds of those polled, including many who didn't vote for president obama in november, say that he has a mandate to reduce the deficit by raising taxes on the wealthy. mr. president, we on the democratic side are going to recognize that seven of our senators are retiring. that's really unfortunate. that's the decision they have...
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they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts out of you then and president obama does not want to relive that 2011 catastrophe, chaos. >> roland, before you go, i didn't hear anything, it was all, it sounded like charlie brown to me after i heard you say roland's right. i don't know if i've ever heard you utter those words, will cain. >> actually he often says that. this is not a shocker. it's not breaking news and exclusive. it happens a lot. >> it's a just in, but go ahead, what were you saying? >> here's the deal, first of all for the audience, we talk about the fiscal cliff, it involves three things. first of all it deals
they don't want to include spending cuts and president obama doesn't think he needs to. if we go over the cliff other polls suggest republicans will get the blame. they have most of the leverage, therefore we don't get to a compromise or a deal. one calf national, republicans recognized this lack of leverage. they looked into 2013 and see a couple months in we have a debt ceiling deal. if we don't do a compromise now we're going to hold you during that debt ceiling debate and get spending cuts...
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president obama congressional republicans stuck on taxes. new "wall street journal"/nbc news poll shows a majority of americans are siding with the president on this one and republicans poll we're seeing a big shift a majority favor compromise. white house correspondent brianna keilar has been following the negotiations which are said to be tense with 19 days to go over the cliff. good morning. >> reporter: good morning. it appears so far the parties here haven't gotten the message on compromise. i would say they're very far apart. they continue to talk, staff between the white house and house republicans are talking. president obama and the speaker have had conversations in recent days, but when you listen to how john boehner has described those conversations, sunday he said that their talk was cordal and then he described his tuesday conversation with the president as deliberate and frank, so it doesn't take much to read between the lines there and see that things haven't gone really in the right direction here in the last couple of days.
president obama congressional republicans stuck on taxes. new "wall street journal"/nbc news poll shows a majority of americans are siding with the president on this one and republicans poll we're seeing a big shift a majority favor compromise. white house correspondent brianna keilar has been following the negotiations which are said to be tense with 19 days to go over the cliff. good morning. >> reporter: good morning. it appears so far the parties here haven't gotten the...
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republicans lost the election, but does that mean republicans have to help obama dismantle their party by letting its most basic conservative principles disappear into the beltway's smoke and mirrors? that's what's happening now. where is the big picture? why is it not possible for boehner or anybody else in this party to articulate for the dumbstruck public watching these dreadful cliff negotiations what the republican party stands for? who speaks for the gop?" michael steele? you will now answer this question. >> speaking for the gop, no, i think that that is the profound understatement here that is so relevant to why you see boehner struggling with his right flank and with his middle, quite frankly, to come to some common ground. there is no scoping out of the bigger argument. putting into context why we so fervently believe in reducing tax rates as opposed to raising tax rates at this time in our economic history. why we're even in the context of that, joe, willing to talk to the president about a 1% to 2% notch-up in those rates if spending cuts, real spending cuts, are part of th
republicans lost the election, but does that mean republicans have to help obama dismantle their party by letting its most basic conservative principles disappear into the beltway's smoke and mirrors? that's what's happening now. where is the big picture? why is it not possible for boehner or anybody else in this party to articulate for the dumbstruck public watching these dreadful cliff negotiations what the republican party stands for? who speaks for the gop?" michael steele? you will...
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obama and republican congressional leaders would be wise to look to michigan. the dinosaur underwent an amazing transformation on thanks to governor snider and republicans who were willing to make transformation and fight political battles not only because of the career. he said michigan will be attracting a lot more business. >> brian: it was already on the come back trail . they looked in michigan at wisconsin and dine doin. the republican governors took a hit. but when the economy turns around in their state, their approval rating goes up and that's what jeb bush is saying real leadership. >> gretchen: a lot of protestors in michigan and in wisconsin as well . people for the most part don't like change. we feel comfortable in our lives and if you are in a union and doing well and look forward to your pension, why would you want that to change, you don't. that's why people come out and protest. the problem i have is not the freedom of speech, it is it the violent aspect that ends out where there is supposed to be tolerance and it often doesn't work that way.
obama and republican congressional leaders would be wise to look to michigan. the dinosaur underwent an amazing transformation on thanks to governor snider and republicans who were willing to make transformation and fight political battles not only because of the career. he said michigan will be attracting a lot more business. >> brian: it was already on the come back trail . they looked in michigan at wisconsin and dine doin. the republican governors took a hit. but when the economy...
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but republicans in congress are balking. they're not buying it. they say there's no evidence there was that much damage from hurricane sandy. oh yeah? maybe they ought to talk to governor christie about that. we'll get into that and a whole lot more here. first we take time out to get the latest, the current news update with lisa ferguson out in los angeles. hi lisa. good morning. >> hey bill. good morning everyone. hillary clinton now has plans to testify on the benghazi attack. she will speak to the house and senate foreign affairs committees on december 20th. amid security over -- scrutiny over embassy security and the talking points given to u.n. ambassador susan rice. before clinton testifies a state department accountability board will release a report on those attacks in libya. the report will consider whether washington gave enough attention to potential threats and how it responded to security requests from u.s. diplomats abroad. the state department is also speaking out on north korea's missile launch calling it highly provocative and sa
but republicans in congress are balking. they're not buying it. they say there's no evidence there was that much damage from hurricane sandy. oh yeah? maybe they ought to talk to governor christie about that. we'll get into that and a whole lot more here. first we take time out to get the latest, the current news update with lisa ferguson out in los angeles. hi lisa. good morning. >> hey bill. good morning everyone. hillary clinton now has plans to testify on the benghazi attack. she will...
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republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that consumer confidence dropped so sharply this week? why is it that small business confidence dropped so sharply? why are the markets volatile. >> reporter: now this is interesting. we're looking this morning at a new analysis from the nga, the national governor's association. they say on average states will lose about 7% of their federal grants if we go over the cliff. but that some states will actually bring in more tax revenue to compensate. other states will bring in less. >> that is interesting. all right. thanks so much. >>> syria is reportedly escalating the conflict with opposition forces by firing scud missiles at r
republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that...
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president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle. >> the good news is they are still talking, the white house and the speaker's office. president obama and the speaker have spoken. the staff is talking. when you listen to how they're characterizing conversations, it's not that great. from sunday's conversation that the speaker had with the president, he called that cordial. he just said that his conversation on tuesday night with the president was deliberate and frank. both the speaker and the white house have been asked about reports that actually that phone call was intense. that's something that jay carney did not dispute. >> simply say we confirm the call
president obama and congressional republicans seem to be digging in on the issue of taxes right now. but a new "wall street journal"/nbc poll shows an overwhelming majority of americans are siding with the president. of the republicans polled, we're seeing a big shift a majority favoring compromise. white house correspondent brianna keilar is following this informatio negotiation, the ups and down. i'm not sure the polls matter as much as the members on both sides of the aisle....
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i accept the point that today the republican party couldn't win the election. but the election is four years off. after the 1964 loss the republicans couldn't win the election. but they did four years later. after the republicans lost in 1996, they were in disarray. they -- >> bill: anything could happen. >> four years is a -- >> bill: right now gingrich is right, that hillary clinton and the democratic machine is stronger than the gop. now, this is what i don't understand and you know i'm a simple man, so you can explain it to me 'cause you're much more complex. i hold in my hand a brand-new fox news poll. question number one, which do you think is the best way to deal with the country's budget problems? 57% mostly cuts in government spending. mostly tax increases, 20%. both 18. even if you add the two, it's 57 to 38. barak obama is on the wrong side of this. he's on the wrong side of this poll by a lot! yet american voters still put him back. i'm not getting it. >> well look, people are capable of keeping contradictory opinions in their minds at the same time
i accept the point that today the republican party couldn't win the election. but the election is four years off. after the 1964 loss the republicans couldn't win the election. but they did four years later. after the republicans lost in 1996, they were in disarray. they -- >> bill: anything could happen. >> four years is a -- >> bill: right now gingrich is right, that hillary clinton and the democratic machine is stronger than the gop. now, this is what i don't understand and...
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the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>> and, anderson, pope benedict xvi blessed his internet followers in his first tweet today. the pontiff has nearly 1 million followers on this english twitter page alone. and has many other accounts in several other languages. some say he is the coolest pope in history. >> isha, thanks very much. >>> a former u.s.afghanistan. now, his parents fear he may die in a mexican prison. they're pleading for his safe return after what began as a surfing trip, it's turned into a nightma nightmare. w? >>> a new twist in the bizarre story of millionaire internet pioneer john mcafee. police in belize want to quest
the warning comes after president obama talked with boehner last night on the phone. sources say it was a tense conversation. experts warn of a new recession if a deal can't be reached in 20 days. >>> new jersey governor chris christie says it's ridiculous to say he couldn't be president because of his weight. he pushed back at his critics in an interview with abc's barbara walters. the republican governor is rumored to be considering a bid for the white house in 2016. >>>...
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any christmas plans. 75% of americans would accept raising taxes on the wealthy as president obama is demanding. if the u.s. does go over the fiscal cliff, more would blame republicans than the president, although 56% say they would equally apportion the blame. >>> let's take a quick look at what's on the agenda for the u.s. jobly claims are expected to show a small gain. retail sales and prices. the core scloeding autos slightly lower on the month. producer prices are seen falling .5%. for the core there, inching up when you exclude food and energy. at 10:00 a.m., we include business inventories. plenty to keep investors butsy today. and the results of italy's latest debt auction are due next. just how confident are investors? we'll find out when we come back. and we can save you 10% on ground shipping over the ups store. look this isn't my first christmas. these deals all sgreaat t. but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. on ground shipping at fedex office. >>> houston,
any christmas plans. 75% of americans would accept raising taxes on the wealthy as president obama is demanding. if the u.s. does go over the fiscal cliff, more would blame republicans than the president, although 56% say they would equally apportion the blame. >>> let's take a quick look at what's on the agenda for the u.s. jobly claims are expected to show a small gain. retail sales and prices. the core scloeding autos slightly lower on the month. producer prices are seen falling...
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as president obama and republicans fuss or the fiscal cliff, some lady says they have put this mess to rest, and they will have the numbers when the new congress was sworn in. there will be 500 female senators. that's correct. how did that happen? most of the group sat down for an exclusive interview with diane sawyer and they discussed our current crisis. >> i think if we were in charge of the senate and the administration that we would have a budget deal by now. >> do you believe -- do you all believe that? >> we are less confrontational and more collaborative. i think not only do we want to work in a bipartisan way, we do. >> the women then talked about each other's hair and swapped recipes. who writes this crap? "red eye" got an exclusive interview with this thing. >> he never says anything. what is that? >> thig morris. >> no it was president. that it wasn't. would you handle this much better? >> i think anybody would handle this much better anybody who doesn't have to negotiate with president obama would have a better chance at reaching a deal. i don't think he wants one at the m
as president obama and republicans fuss or the fiscal cliff, some lady says they have put this mess to rest, and they will have the numbers when the new congress was sworn in. there will be 500 female senators. that's correct. how did that happen? most of the group sat down for an exclusive interview with diane sawyer and they discussed our current crisis. >> i think if we were in charge of the senate and the administration that we would have a budget deal by now. >> do you believe...
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>> the white house is daring republicans to blink. >> obama is daring republicans literally to blink. the joke's on him because i know some republicans who have had their eyelids surgically removed. >>> also, what caused former indiana senate candidate richard mourdock at first the likely winner in that race to end up losing to joe donnelly? you might well point to this moment from a mourdock/donnelly debate. >> i struggled with it myself for a long time but realized life is a gift from god. even when life begins in the horrible situation of rape it is something god intended to happen. >> mourdock's popularity plummeted after that. now he's trying to pay down campaign debt. guess who's getting blamed for his election loss in the fund raising e-mail? quote, republicans all over the country were forced to accept defeat rather than celebrate victory. in our case we found ourselves caught in the liberal media cross hairs. never has indiana seen a more obvious example of media bias by reporters more interested in defeating conservatives than reporter the news. rnc chair reince priebus had
>> the white house is daring republicans to blink. >> obama is daring republicans literally to blink. the joke's on him because i know some republicans who have had their eyelids surgically removed. >>> also, what caused former indiana senate candidate richard mourdock at first the likely winner in that race to end up losing to joe donnelly? you might well point to this moment from a mourdock/donnelly debate. >> i struggled with it myself for a long time but realized...
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>> yesterday, obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week, it's not that tough. boehner responded saying, quote, i've september the president our proposal. if he doesn't like our plan, he
>> yesterday, obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week, it's not that tough. boehner responded saying, quote, i've september the president our proposal. if he doesn't like our plan, he
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somebody needs to explain to me what is the benefit to obama in letting the republicans out of the trap of going over the cliff? i think going over the cliff is the most attractive option obama has. >> crystal, you can learn it from rush limbaugh on 12-12-12 or you could have learned it from me this summer. >> i learned it from you this summer. >> there you go. he is finally catching on. he finally gets it. >> it pains me a little bit to say this but rush is right. if republicans were smart. >> this is the rush is right night. >> that's the theme of the night. >> i'm not going to show any more rush. he has three hours of radio today. that thing that we just showed is the rush is right moment. >> if they were smart, they would go ahead and do that. take it off the table and live to fight another day. i do think they are a little bit delusional about the am of leverage that they will have around the debt ceiling as well. holding the debt ceiling hostage is extremely unpopular, as is taking away people's medicare. you are going to do two things. your going to hold the debt ceiling hostage
somebody needs to explain to me what is the benefit to obama in letting the republicans out of the trap of going over the cliff? i think going over the cliff is the most attractive option obama has. >> crystal, you can learn it from rush limbaugh on 12-12-12 or you could have learned it from me this summer. >> i learned it from you this summer. >> there you go. he is finally catching on. he finally gets it. >> it pains me a little bit to say this but rush is right. if...
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medicare prevent millions of senior citizens from having access to health care what happens if president obama caved to republican demands and stick senior citizens with a raw deal i tell you and i feel it. you need to know this while tens of thousands of unionized workers made their voices heard in front of the michigan state capitol yesterday protesting their state's new right to work for less law conservative media was busy was something else they were busy trying to paint union protesters as vile at some point yesterday's demonstrations a tent belonging to the koch brothers funded organization americans for prosperity which was set up to help promote the passage of the right to work for less laws was torn down amid applause and cheers by union protesters take a look. was . cool thank you thank you as you'd expect conservative media outlets seized on this and for the rest of the day described protests outside the michigan state capitol as violence what really happened yesterday what really happened and how did the americans for prosperity tent really come down my next guest was there and ha
medicare prevent millions of senior citizens from having access to health care what happens if president obama caved to republican demands and stick senior citizens with a raw deal i tell you and i feel it. you need to know this while tens of thousands of unionized workers made their voices heard in front of the michigan state capitol yesterday protesting their state's new right to work for less law conservative media was busy was something else they were busy trying to paint union protesters...
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president obama made his opening offer, the republicans responded. the president then came back with a counter offer that included some concessions, so far so good. that's how negotiations work. but, then, republicans went the other way. they came back with an offer that was even more out of bounds than the first one. nbc news reports boehner now wants to make the bush tax cuts for the rich permanent. what's he thinking? we're going in the wrong direction in this country when it comes to economic fairness. incomes for the top 20% in this country are now eight times greater than the incomes for the bottom 20%. this inequality has been getting worse. growing by the year. this is not a democratic issue. this is not a republican issue. it's a basic american issue that touches all of us. it is for the good of the country. and it's time for speaker boehner and the rest of the gop to step up. joining me now, marie cox, washington correspondent for the guardian. and leah henderson, national reporter for the washington post. thank you both for being here this
president obama made his opening offer, the republicans responded. the president then came back with a counter offer that included some concessions, so far so good. that's how negotiations work. but, then, republicans went the other way. they came back with an offer that was even more out of bounds than the first one. nbc news reports boehner now wants to make the bush tax cuts for the rich permanent. what's he thinking? we're going in the wrong direction in this country when it comes to...
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. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes. republicans complain in an interview with abc news the president made it harder for boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> i'm confident republicans would not hold middle class taxes hostage to try to protect the tax cuts for high-income individuals. >> white house officials today incested the president was merely reiterating a long-held position and said the hold up is the republicans failing to get specific about taxes. >> closing loopholeles they will not name, capping deductions that they will not specify sometime in the future. those magic beans are just beans. that fairy dust is just dust. >> boehner fired back the real problem is the president's latest proposal offered in private on monday is light on spending cuts and only dropping his request on
. >> officials now say speaker john boehner's phone call to president obama was tense, hopes of a possible deal seem to be fading fast. >> i remain the most optimistic person in this town, but we've got some serious differences. >> the biggest difference is over taxes. republicans complain in an interview with abc news the president made it harder for boehner to sell compromise to republicans by saying the only way to go forward is for the speaker to cave. >> i'm...
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yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama responded to that saying, maybe i will. to which boehner replied, maybe i will. and mr. obama replied, stop copying me. so which boehner replied, stop copying me. >> to which obama replied dam infinity. you win for now boehner. >> according to a new poll that just came out, most americans think santa claus is a democrat. which is odd because you think of white, old, fat men that hire unskilled labor, i think republicans. i do. >>> you're in the situation room. happening now, cnn goes in search of syria's chemical weapons. a former regime soldier tells us his order was to shoot to kill. >>> chilling new details of the killer and new details about the shooter and what one survivor heard him say. >>> and a surprise rocket launch and marks a turning point for north korea's mysterious young lead
yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama responded to that saying, maybe i will. to which boehner replied, maybe i will. and mr. obama replied, stop copying me. so which boehner replied, stop copying me. >> to which obama replied...
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if republicans are serious about pulling a repeat of 2011, obama can't ignore them. since it will wreck immediate havoc on the economy. white house wants at the very least a long-term extension of the debt ceiling in any fiscal cliff deal. the republicans now see the debt ceiling as their own leverage. they're demanding a steep price to include it. who anyways if obama will ultimately go along with something like this. but it is a talk that there is still one crucial way he's at the mercy of republicans. it leaves him with a tough choice. to pay their price in entitlements or play debt ceiling chicken with them again. okay. does it for "the cycle" today.
if republicans are serious about pulling a repeat of 2011, obama can't ignore them. since it will wreck immediate havoc on the economy. white house wants at the very least a long-term extension of the debt ceiling in any fiscal cliff deal. the republicans now see the debt ceiling as their own leverage. they're demanding a steep price to include it. who anyways if obama will ultimately go along with something like this. but it is a talk that there is still one crucial way he's at the mercy of...
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tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal, but time is running short. >> our team points out that we see the white house is being cautiously optimistic about a deal while the house republicans are cautiously pessimistic. we still have a ways to go. as you heard the president say, time is running out. what do we make. warning to house republicans that we could be working through the holidays s. that significant at this point? >> yeah. i think it's also darkest before the dawn and people have to freak out before they get ready to deal. it's not until the pressure is on and the deadline is upon us. people realize that it's going to b
tell us where you want to cut, republicans. that's not what president obama ran on. he ran on raising the top tax rate for the top 2%. that's what he wanted to do and what he should focus on. >> let me play what the president said in a new interview with abc regarding taxes. let's play it. >> taxes are going to go up one way or the other. i think the key is to mick sure that taxes go up on high end individuals. we can afford it. it is entirely possible for us to come up with a deal,...
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. >> president obama tells barbara walters his bottom line. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for -- >>> terror at the mall, a masked gunman opens fire outside portland, oregon, killing two people in a crowd of holiday shoppers before turning the gun on himself. >> i heard two loud booms. i thought that they were something falling in the mall. i looked again, i glanced to my left, and i seen, like, gunshots shot everywhere, shooting everywhere, people running for their lives. >> i just bolted. there were little kids, families, moms, we told everybody get inside the fitting rooms. >>> north korea fires its first successful long-range missile test. even china is alarmed. >>> jenna bush hager announced on the "today" show they are expecting. george and laura bush call in their congratulations. >> president, mrs. bush, what do you want the grandchild to call you? >> sir. [ laughter ] >> we want to call him poncho. >> jimmy baker's grandkids call him happy. i kind of like the ring of that. >> it means boss. >> pop
. >> president obama tells barbara walters his bottom line. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for -- >>> terror at the mall, a masked gunman opens fire outside portland, oregon, killing two people in a crowd of holiday shoppers before turning the gun on himself. >> i heard two loud booms. i thought that they were something falling in the mall. i looked again, i glanced to my left, and i seen,...
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and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i need help. >> three kids? >> yeah. >> how old are your kids, 23, 18, and 11. >> what do you tell them when they see the economy in front of them and hear all this fighting in washington about the fiscal cliff. you've been looking for a job for more than six months now. are you more optimistic or less than things will turn around next year? >> i believe it's going to turn around. it will probably take a little time, but i think it will. >> you need the government to help now until that happens? >> yes, i definitely do. >> you just had a baby. congratulations. >> thank you. >> are you concerned about your kid's future in all of this?
and the democrats while only 25% support house speaker john boehner and the republicans. so if there's no deal and the tax hikes and spending cuts take effect, we feel the impact. christine romans sat down with this panel for a report on the bottom line. here's part of the conversation she had with a working mom, small business owner and a woman looking for work. >> i have a household to run. still have rent and bills to pay, and i need help. i need help. >> three kids? >>...
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but the house republicans will not take it up. i say, if they were to take it up today -- they are not doing anything over there anyway -- pick it up today, pass it, the president signings it, i sigh you're going to see a -- i think you're going to see middle-class families do a little more christmas shopping and that'll help spur our economy. i would point out that some of my friends on the other side of the aisle here and in the house have been talking about do that very thing. so there are some republicans that recognize that this would be one of the best things we could do; that is, pass the middle-class tax cut that we passed here in july. nonetheless, i keep hearing that what we really need to do to drove the so-called fiscal cliff -- to address the so-called fiscal cliff to enact significant entitlement reform. now, what does that mean, "entitlement reform?" when you hear our friends the republicans and others talk about entitlement reform, they're talking about three things: cutting social security, cutting medicare, and c
but the house republicans will not take it up. i say, if they were to take it up today -- they are not doing anything over there anyway -- pick it up today, pass it, the president signings it, i sigh you're going to see a -- i think you're going to see middle-class families do a little more christmas shopping and that'll help spur our economy. i would point out that some of my friends on the other side of the aisle here and in the house have been talking about do that very thing. so there are...
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in public you flapping your arms around republicans rather than doing the right thing on behalf of the us it is a shame shame. and finally obama signed the bill in early two thousand and eleven which provided two point eight billion dollars in health care for the nine eleven heroes but it wasn't even until this year two thousand and twelve that the us government acknowledged that the fifty types of cancer causing the die off of first responders is linked to the poisonous dust cloud and yet not a single first responder has even seen a dime from this is drug a bill despite thousands having applied for compensation for their illnesses so to talk to me more about this issue and the struggle the nine eleven first responders are facing today michael mcphillips a first responder and board member of the feel good foundation joins me from our new york studio thank you so much for coming on michael oh thank you for having us so i understand they are still dealing with some illnesses related to your efforts at ground zero can you give us an update. personally i have stage liver disease chronic. b
in public you flapping your arms around republicans rather than doing the right thing on behalf of the us it is a shame shame. and finally obama signed the bill in early two thousand and eleven which provided two point eight billion dollars in health care for the nine eleven heroes but it wasn't even until this year two thousand and twelve that the us government acknowledged that the fifty types of cancer causing the die off of first responders is linked to the poisonous dust cloud and yet not...
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republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving congress the week it needs to write, sell land pass any deal next week. aides say they are not close to a compromise. house majority leader eric cantor says republicans are prepared to work on this on the way up to the new year. cheryl: so much for christmas eve in eric cantor's household. thank you very much. much of the dismay of unions, michigan governor rick snyder has given the final stamp of approval and signed right to work legislation in that state. is making mich. the 24 right to work state. on the heels of the other states expect to follow suit. legislators and union
republicans and democrats have new debt proposals on the table. the speaker says there are still serious differences. >> the president is calling for $1.4 trillion -- that cannot pass the house or the senate. >> force is a question of balance. we are willing to make sure everyone in america sacrifices a little. even those who have been struggling. liz: congress is running out of time to get this wrapped for christmas. the speaker would have to cover significant ground giving...
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at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democr
at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the...
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Dec 12, 2012
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obama's spending spree for a grand total of eight days. it's telling that 3/4 of the new taxes he has proposed would be used to finance the new spending that he has also proposed. we republicans don't want to see taxes go up on anyone, period. we don't want to see this government willfully throw hundreds of thousands of americans out of work by this policy. the president obviously believes that in the 11th hour republicans will have no choice but ultimately to protect as many taxpayers as we possibly can since the only alternative would be tax increases on everyone, including those job creators. he may be right, but that would mean a bleak and bitter new year for all of those families who watch helplessly as their jobs evaporate before their eyes. let us pray that this president has a change of heart before setting this calamity in motion. the speaker pro tempore: the chair recognizes the gentleman from virginia for five minutes, mr. donnelly. mr. connolly: mr. speaker, we just heard a terrible cry on behalf of the wealthy in the united st
obama's spending spree for a grand total of eight days. it's telling that 3/4 of the new taxes he has proposed would be used to finance the new spending that he has also proposed. we republicans don't want to see taxes go up on anyone, period. we don't want to see this government willfully throw hundreds of thousands of americans out of work by this policy. the president obviously believes that in the 11th hour republicans will have no choice but ultimately to protect as many taxpayers as we...